📊 Apollo Hospitals Ltd – Bearish Reversal Setup
Stock is showing weakness after facing resistance near ₹9,000–₹9,140, with momentum indicators turning negative.
🔎 Technical View:
• Uptrend structure weakening
• Rejection from higher levels
• Selling pressure visible
• ₹8,623 is the key support zone
🔑 Key Levels:
• Resistance: ₹8,930 – ₹9,036
• Support: ₹8,623 – ₹8,505
• Major Support: ₹8,399 – ₹8,293
📉 Downside Targets:
• ₹8,505
• ₹8,399
• ₹8,293
• ₹8,186
• ₹8,080
📈 Trading View:
👉 Sustained move below ₹8,623 may trigger fresh downside towards ₹8,399–₹8,080.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊